UGRO Capital Limited has submitted a corrigendum to its audited financial results for the quarter and year ended March 31, 2026, addressing an inadvertent disclosure error identified in note (8) of the standalone financial results. The corrigendum was submitted to BSE Limited and National Stock Exchange of India Limited on April 30, 2026. The company clarified that the revision is limited solely to this specific note and does not impact any financial figures reported in the Statement of Financial Results, Statement of Assets and Liabilities, or Statement of Cash Flows for both standalone and consolidated financial statements.

The Statutory Auditor's Report issued by M/s Sharp & Tannan in respect of the audited financial results remains unchanged and is not being reissued. The original results were submitted to the exchanges on April 20, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

For the year ended March 31, 2026, UGRO Capital reported standalone total income of Rs. 1,84,039.62 lakh, compared to Rs. 1,44,184.57 lakh in the previous year. The company recorded a profit for the year of Rs. 11,336.77 lakh, down from Rs. 14,392.99 lakh in the corresponding period. Total comprehensive income for the year stood at Rs. 11,394.58 lakh.

On a consolidated basis, total income for the year reached Rs. 2,02,111.13 lakh, with profit for the year at Rs. 17,481.42 lakh. Total comprehensive income was reported at Rs. 17,525.22 lakh. The consolidated results include the financial performance of subsidiaries Profectus Capital Private Limited (effective December 8, 2025) and Datasigns Technologies Private Limited (effective March 18, 2026).

Key Financial Metrics

Balance Sheet Position

As of March 31, 2026, the company's standalone total assets stood at Rs. 12,34,609.75 lakh, representing a significant increase from Rs. 9,16,831.22 lakh in the previous year. Financial assets constituted the major portion at Rs. 11,78,191.04 lakh, with loans amounting to Rs. 8,31,452.82 lakh. Total liabilities were reported at Rs. 9,50,138.48 lakh, while total equity stood at Rs. 2,84,471.27 lakh.

On the consolidated balance sheet, total assets reached Rs. 14,07,502.14 lakh as of March 31, 2026. Financial assets totaled Rs. 13,08,559.46 lakh, with loans at Rs. 10,29,316.55 lakh. Total liabilities were Rs. 11,16,900.23 lakh, and total equity amounted to Rs. 2,90,601.91 lakh.

Regulatory Disclosures

The company's debt-equity ratio stood at 3.24 for standalone and 3.71 for consolidated operations as of March 31, 2026. The net profit margin was reported at 6.16% on a standalone basis and 8.65% on a consolidated basis. Gross Stage 3 loans exposure ratio was 3.66% standalone, while Net Stage 3 ratio stood at 2.24%. Capital to risk-weighted assets ratio was maintained at 21.17% for the standalone entity.

The audited financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on April 20, 2026. Sharp & Tannan Associates, Chartered Accountants, issued an unmodified opinion on both standalone and consolidated financial results.

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UGRO Capital has received a substantial acquisition disclosure from promoter-group entity Poshika Financial Ecosystem Pvt. Ltd., detailing recent open market share purchases that have increased the acquirer's stake in the financial services company.

Recent Share Acquisitions

Poshika Financial Ecosystem completed two separate transactions on the National Stock Exchange during April 2026. The acquisitions were executed at different price points and settlement dates:

The aggregate acquisition of 13,79,374 equity shares represents 0.89% of UGRO Capital's total paid-up equity share capital and total diluted share capital.

Cumulative Shareholding Position

This disclosure follows a previous acquisition announced on March 31, 2026, where Poshika had purchased 4,75,000 shares representing 0.31% of the share capital. The combined acquisitions across both disclosures total 18,54,374 shares, representing 1.20% of the company's share capital.

Regulatory Compliance and Disclosure

Poshika Financial Ecosystem emphasized that the acquisition does not trigger mandatory disclosure obligations under Regulation 29(2) of the SEBI Takeover Regulations, as the aggregate change in shareholding does not exceed the 2% threshold. The company stated that this disclosure is being made voluntarily in the interest of transparency and good corporate governance.

The acquirer is identified as a promoter-group entity, with Poshika Advisory Services LLP as the promoter and Shachindra Nath as a Person Acting in Concert (PAC). All percentage calculations are based on UGRO Capital's fully diluted share capital of 15,54,88,317 shares as confirmed by the company.

Market Transaction Details

The shares were acquired through open market purchases on the National Stock Exchange, with transactions completed at market-determined prices. The disclosure was filed with both BSE Limited and the National Stock Exchange of India Limited, where UGRO Capital maintains its listing status.

The formal disclosure was signed by Shruti Nath, Director of Poshika Financial Ecosystem Pvt. Ltd., from Gurugram on April 24, 2026, following the prescribed format under SEBI regulations for substantial acquisition disclosures.